Category: Broad Market / News

World Internet Mega Summit - the world’s biggest internet business event held in Singapore from 26-29 May 2007.

This event raised US $100,000 within less than 4 days to feed the hungry children of the world. Pictures tell a thousand words , images of these hungry children need no further elaboration.

Every nights , millions of children will go to bed hungry. In poor communities around the world, whether due to drought, conflict or disease, mothers and fathers will not be able to find enough food for their families. It’s any parent’s worst nightmare.

Every minute of every day, somewhere in the world, 21 children die of malnutrition and preventable diseases. Even when it doesn’t kill, chronic malnutrition can cause blindness, deformities and brain damage. That’s the shocking truth. But we don’t have to accept it. We can choose to stop it.

The mega event mentioned had utilized the Power of the Internet to help save lives ! Can you see the power of the people and the …

I came across this article about weight loss …

” It seems that overweight people never reach their goals of becoming thin , and that many thin people eventually become overweight. The diet industry and the medical care providers profit greatly from this problem.

There are many people who lose weight permanently through dieting , but they have to continue doing what made them thin for the rest of their lives. Most of us cannot imagine being on a permanent diet or extreme exercise program. That is why the diet industry is so huge - it’s a big merry-go-round. People finish one diet , gain back all the weight they lost , and jump onto the next diet fad.

We are all searching for the diet that will give us permanent weight loss. There is only one problem with that - it doesn’t exist ! There are only permanent diets ! It only makes sense that if you lost weight on low fat , low carbohydrate or low calorie diet , that you are going to …

Does this heading sound familiar to you ? You must have heard it many times … ( I quoted this in my previous post too )

Please note that the statement is to sell the fact , not buy the fact. Implicit in this statement is the assumption that the rumor is bullish. Rumors , however , could be bearish too.

Bullish rumors are what we base our buying on. Once the bullish fact is known , then it is too late to buy because the bullish news would have been factored into the stock price. Instead it should be sold. The concept , then , is to buy in anticipation of bullish news and sell when the news is out. I used to monitor pre-earnings in some of my favorite stock picks. It has to be a fast game …

If the rumor you heard is bearish , leading to actual bearish news , then the statement , buy the rumor and sell the fact , does not hold. In fact , there …

Some traders love market news , because news often makes the market move , and these traders thrive on volatility. Other traders hate news. They feel that news cloud their views of chart patterns , technical indicators , cycles etc. At times I do not understand why markets seemed to move contrary to the news. Many experienced traders capitalize on the news by following the old adage ” buy the rumor , sell the news. ” Are you in this category ?

Some of my trading gurus ( teachers ) told me not to trade during news release or during earning seasons. This kind of advice is debatable. As I progressed and learned more about the impact of news on market , I begin to observe some cogent points to consider in relation to the news …

In trading , the market response to the news is even more important than the news itself. One would also wonder whether the market anticipates the news before the news is published. …

I was having breakfast with a an “old” friend ( I don’t mean age ) this morning. I was asked how I felt about the current market situation. Generally , world market has been bullish for quite a while. Is it time or is it too late to get into the market now ? Can I open an trading account now ? Will I missed the boat ? These are some of the common questions people tend to ask … especially when market peaks to tops or bottoms.

That brings me to my discussion topic here - Market Sentiment. Sentiment is just another word for “feelings”. It is amazing how public “feelings” tends to be closely correlated with stock market price. In other words , very negative opinions are usually predominant during the bottoming phase of a market move , and , very positive opinions are usually prevalent during the topping phase of a market move.

Market sentiment is not a trading method which can be used independently. However , it is a valuable ” …

In the news …

Former Malaysian prime minister Mahathir Mohamad is to meet his old foe , US billionaire and philanthropist George Soros , who will visit the country this week.

Tun Dr Mahathir , who in 1977 referred to Mr Soros as a ” moron ” , blamed him for under-mining the South-east Asian economies during the Asian financial crisis by destablising their currencies. Malaysia later established capital controls to prevent currency speculation.

Mr. Soros , 76 , retorted that Tun Dr Mahathir , 81 , was a ” menace to the country ” ‘ and subsequently called on him to step down amid fierce controversy over the 1998 sacking of then Deputy Premier Anwar Ibrahim.

” They are definitely meeting , but the details of the meeting have yet to be finalised , ” an aide to Tun Dr Mahathir said.

Mr. Soros , who is making his first visit to Malaysia , will be arriving tomorrow as part of a regional tour to promote his new book , …

Financial markets have been around ever since mankind settled down to growing crops and trading them with others. Financial markets takes many different forms and operate in diverse ways. Estimating the overall size of the financial market is difficult. How huge is it really ? I do not know.

What I understand is that it now deals in trillions of dollars and as a result even slight movements in them could have a significant effect on global economies , as well as individual businesses around the world. Hence being able to comprehend how the financial markets work has become increasingly vital to those in business and those who are involved in those markets as traders or investors. Even tough I only trade specific market I still need to have a view of the broad market. As a beginner trader I took many trade decisions which went opposite direction against the broad market. I paid to learn those lessons.

I use information and knowledge of financial markets in a variety of ways. If I have spare cash ( which never happen so far …